Smidt Corporation has provided the following data for its two most recent years of operation Manufacturing costs: Variable manufacturing cost per unit produced Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year $140,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year $ 65,00e Year 1 Year 2 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory 0 3,000 19,000 7,000 7,000 6,000 3,000 4,000 The unit product cost under variable costing in Year 1 is closest to The unit product cost under variable costing in Year 1 is closest to Multiple Choice $38.00 $19.00 $24.00 $33.00